
Miata Intersects 11.3 m at 3.58 g/t Gold and Further Expands Jons Trend Footprint at the Sela Creek Gold Project, Suriname
VANCOUVER, British Columbia, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Miata Metals Corp. (CSE:MMET) (FSE: 8NQ) (OTCQB:MMETF) ("Miata" or the "Company") is pleased to announce additional drill results from the Jons Trend zone at its Sela Creek Gold Project ("Sela Creek") in Suriname.Results from the first four holes of the 2026 drill program continue to expand the existing discovery and have increased the Jons Trend mineralized footprint by approximately 20%, while remaining open for further expansion in all directions. The newly reported holes confirm extension of higher-grade mineralization across the northern portion of the system and increase the lateral extent of the zone from 250 m to 300 m.HighlightsFirst four holes of 2026 reported from Jons Trend:32 m at 1.20 grams per tonne (g/t) gold in 26DDH-JT-001 from 50 m, and8.7 m at 3.47 g/t gold in 26DDH-JT-001 from 126 mincluding 0.7 m at 31.37 g/t gold from 128.16 m11.3 m at 3.58 g/t gold in 26DDH-JT-002 from 180 mincluding 0.9 m at 30.40 g/t gold from 181 m17.3 m at 1.65 g/t gold in 26DDH-JT-004 from 39 mJons Trend lateral extent increased by 20% to 300 mHigh-grade mineralization confirmed along northern extent of Jons TrendAll intervals herein reported as true width, reflecting improved structural understanding"With each successive drill hole, Jons Trend is growing in size from a single discovery zone into a large, structurally controlled gold system of multiple gold zones with both bulk-tonnage potential and discrete high-grade zones of mineralization," stated Dr. Jaap Verbaas, CEO of Miata. "The previously reported wide step-outs and now confirmed 300 m lateral extent of Jons Trend demonstrate strong lateral continuity, while repeated high-grade intervals above 30 g/t gold are tracking higher-grade zones within the broader mineralized envelopes. Importantly, Jons Trend represents only a small portion of the approximately 14 km of documented artisanal mining trend across Sela Creek. With a second drill rig on site, the Company can continue systematic expansion drilling at Jons Trend while concurrently testing multiple high-priority targets across the concession, including Puma, Big Berg, and Cambior. Sela Creek is increasingly demonstrating the characteristics of a potentially district-scale gold system with substantial exploration upside remaining."Figure 1. Section A-A' shows the 300 m extent of Jons Trend and the north-eastern holes 25DDH-JT-001 through 004. The location of section A-A' is indicated on Figure 2. https://miatametals.com/table-of-drill-results-sela-creek-live/)" height="436" src="https://ml.globenewswire.com/Resource/Download/f742391f-dcc2-4bb9-b9dc-4ea0b788bc79/miata-figure-2.png" width="600" data-dpi="220" data-caption="Drill map of Jons Trend. All 2026 results are reported as true width. All 2025 results are indicated as intersected width. True width information, where available, is disclosed on the Company website through this link. (https://miatametals.com/table-of-drill-results-sela-creek-live/)" data-filename="Miata Figure 2.png">Figure 2. Drill map of Jons Trend. All 2026 results are reported as true width. All 2025 results are indicated as intersected width. True width information, where available, is disclosed on the Company website through this link.Jons Trend drilling The results reported in this news release represent a fence of drill holes along the northern extent of Jons Trend, stepping out approximately 50 m from previously drilled holes. These holes increase the lateral extent of the mineralized zones from 250 m to 300 m and intersect multiple high-grade zones within broader mineralized envelopes.Two notable high-grade intercepts, were intersected in separate drill holes:8.7 m at 3.47 g/t Au in 26DDH-JT-001 from 126 m11.3 m at 3.58 g/t Au in 26DDH-JT-002 from 180 mThese intercepts confirm continuity of higher-grade mineralization across the expanded width of the target and demonstrate that Jons Trend remains open to the north. Jons Trend is also open to depth and along strike.Longer intervals of mineralization are characterized by extensive silicification and sulphide mineralization within shear zone intercepts. Notable broad zones include:32.0 m at 1.20 g/t Au in 26DDH-JT-001 from 50 m17.3 m at 1.65 g/t Au in 26DDH-JT-004 from 39 mShorter, high-grade intervals are associated with quartz-chlorite-pyrite-pyrrhotite extensional veins within the broader shear system. These veins occur within a strongly altered package marked by silica, chlorite, white mica, and locally biotite alteration, with accessory titanite. Gold mineralization is typically associated with chlorite, pyrite, and pyrrhotite disseminations adjacent to and concentrated along locally boudinaged quartz veins.Jons Trend is hosted within tightly folded metasedimentary rocks metamorphosed to upper greenschist to lower amphibolite facies. Fold axes follow a strong northeast to southwest trend. Two orientations of gold-bearing shear zones crosscut the folded package, one fold-parallel and the other slightly oblique, providing structural traps for mineralization.Table 1. Consolidated results from holes 26DDH-JT-001 through 26DDH-JT-004. Reporting limits are a minimum of 3 m > 0.5 g/t Au or 2 m > 1 g/t Au. All results over 0.5 g/t Au can be found on Miata's website through this link.Hole Id From (m)To (m)true width(m)Au (g/t)Target26DDH-JT-001 508732.01.20Jons Trendincluding 52.355.933.11.71 Full story available on Benzinga.com









